Chapter 11 Flashcards
what are the objectives for new product development?
- maximizing the products fit with costumer requirments.
- minimizing the development cycle time.
- controlling development cost
partly parallel development process
A development
process in which
some (or all) of
the development
activities at least
partially overlap.
That is, if activity A would precede activity B
in a partly parallel development
process, activity
B might commence before
activity A is
completed.
how can you fullfill the customer requirements for performance and price.
by involving costumers and suppliers in the development process.
lead users
Customers who
face the same
general needs of
the marketplace
but are likely to
experience them
months or years
earlier than the
rest of the market and stand to
benefit disproportionately from
solutions to those
needs.
crowdsourcing
A distributed
problem-solving
model whereby a
design problem
or production
task is presented
to a group of
people who
voluntarily
contribute their
ideas and effort
in exchange for
compensation,
intrinsic rewards,
or a combination
thereof
go/kill
decision
points
Gates established
in the development process
where managers
must evaluate
whether or not to
kill the project
or allow it to
proceed.
championing?
Senior executive who sponsors a NPD project.
What are the benefits of championing?
senior execs have power to fight for project
> They can gain access to resources
> They can communicate with multiple areas of firm
What are the risks of championing?
Role as champion may cloud judgment about project
> May suffer from escalating commitment
> Others may fear challenging senior executive
QFD, quality function deployment
a process where you follow a problem solving process in a sturctured manner. costumer requirements against product attributes.
DFM, design for manufacturing
a way of structering the new product development.
FMEA, failure mode and effects analysis
is a method by which firms identify potential failures in a system, classify them according to their severity, and put a plan into place to prevent the failures from happening.
CAD, computer aided design
CAE, computer aided engineering
CAM, computer aided manufacturing
is the use of computers to build and test product designs.
Computer-aided manufacturing (CAM) is the implementation of machine-controlled
processes in manufacturing.
costumer cocreation
Process in which customers become actively involved in a firm’s innovation process, taking over innovation activities traditionally executed by the firm
what are the three types of cocreation
Toolkits, Space where customers can customize their
solutions
Lead users
§ Communities